Thinking about trading cars

Assignment Help Financial Management

Reference no: EM132014948

Jesse Pinkman is thinking about trading cars. He estimates he will still have to borrow $35000 to pay for his new car. How large will Jesse's monthly car loan payment be if he can get a 2 -year (24 equal monthly payments) car loan from the university's credit union at an APR of 8.1 percent compounded monthly Jesse's monthly car loan payment will be $ ?. (Round to the nearest cent.)

Reference no: EM132014948

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